Billionaire Chelsea Football Club owner Roman Abramovich and his wife have divorced.

Mr Abramovich and his wife Irina have divorced in Russia "on a consensual basis" and have agreed terms in respect of their children and a financial settlement, spokesman John Mann said. He said Chelsea would not be affected by the divorce proceedings. The Russian tycoon, who has an estimated fortune of £10.8 billion, has owned the Premiership club since 2003. The 40-year-old and his second wife, a former air stewardess, have five children.